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For those of us in sponge...we all know what happened to it's pps (big money overnight) when it announced an order with costco. Could BAYW follow suit? Your thoughts appreciated...CHEERS, Kristen
New Leaf Brands, a wholly-owned subsidiary of Baywood International, Inc. announced that Costco Wholesale is rolling out New Leaf Tea in all 77 stores in Canada starting the first week of this month http://www.chartspread.com/stockquotes.php?ticker=bayw
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I'm definitely watching this. I like the potential as well. Market cap is about $7 million, Spongetech is over $100 million. Now this isn't anywhere near spongetech right now, but I like the Costco affiliation. Keep in mind that this is being pumped by penny stock newsletters, so a dump is coming at some point. I wish they would've forward split the shares and made the pps lower. That would've attracted much more attention (if it were like 5 cents a share or something). Anyway, I'm not in, but watching very closely.
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